United Total Assets from 2010 to 2024

PRKS Stock   52.15  0.25  0.48%   
United Parks Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 2.7 B in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
B
Current Value
2.7 B
Quarterly Volatility
221.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Parks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.7 M, Selling General Administrative of 99 M or Selling And Marketing Expenses of 76.9 M, as well as many exotic indicators such as Price To Sales Ratio of 3.31, Dividend Yield of 0.0 or Days Sales Outstanding of 19.35. United financial statements analysis is a perfect complement when working with United Parks Valuation or Volatility modules.
  
This module can also supplement various United Parks Technical models . Check out the analysis of United Parks Correlation against competitors.

Latest United Parks' Total Assets Growth Pattern

Below is the plot of the Total Assets of United Parks Resorts over the last few years. Total assets refers to the total amount of United Parks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in United Parks Resorts books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. United Parks' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Parks' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.63 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

United Total Assets Regression Statistics

Arithmetic Mean2,439,009,160
Geometric Mean2,430,266,110
Coefficient Of Variation9.09
Mean Deviation181,285,680
Median2,300,518,000
Standard Deviation221,825,057
Sample Variance49206.4T
Range718.3M
R-Value0.76
Mean Square Error22529.5T
R-Squared0.57
Significance0
Slope37,607,257
Total Sum of Squares688889T

United Total Assets History

20242.7 B
2023B
20222.6 B
20212.3 B
20202.6 B
20192.6 B

Other Fundumenentals of United Parks Resorts

United Parks Total Assets component correlations

-0.630.820.810.640.630.66-0.670.910.83-0.79-0.760.89-0.77-0.64-0.810.87-0.48
-0.63-0.94-0.93-0.58-0.61-0.630.4-0.9-0.650.930.55-0.560.570.810.83-0.520.89
0.82-0.940.950.680.740.81-0.510.970.76-0.95-0.650.74-0.7-0.81-0.940.71-0.83
0.81-0.930.950.730.770.71-0.60.960.64-0.88-0.710.82-0.74-0.89-0.880.79-0.88
0.64-0.580.680.730.910.79-0.710.670.25-0.5-0.720.79-0.81-0.85-0.820.79-0.78
0.63-0.610.740.770.910.89-0.50.70.24-0.52-0.540.79-0.64-0.78-0.80.78-0.8
0.66-0.630.810.710.790.89-0.420.720.47-0.65-0.490.68-0.6-0.67-0.880.66-0.69
-0.670.4-0.51-0.6-0.71-0.5-0.42-0.57-0.390.420.98-0.820.970.790.69-0.830.46
0.91-0.90.970.960.670.70.72-0.570.81-0.95-0.70.81-0.73-0.78-0.90.78-0.76
0.83-0.650.760.640.250.240.47-0.390.81-0.88-0.530.52-0.51-0.39-0.680.49-0.3
-0.790.93-0.95-0.88-0.5-0.52-0.650.42-0.95-0.880.58-0.60.590.680.85-0.560.71
-0.760.55-0.65-0.71-0.72-0.54-0.490.98-0.7-0.530.58-0.850.990.840.79-0.850.55
0.89-0.560.740.820.790.790.68-0.820.810.52-0.6-0.85-0.88-0.79-0.791.0-0.59
-0.770.57-0.7-0.74-0.81-0.64-0.60.97-0.73-0.510.590.99-0.880.880.84-0.880.61
-0.640.81-0.81-0.89-0.85-0.78-0.670.79-0.78-0.390.680.84-0.790.880.87-0.780.9
-0.810.83-0.94-0.88-0.82-0.8-0.880.69-0.9-0.680.850.79-0.790.840.87-0.770.8
0.87-0.520.710.790.790.780.66-0.830.780.49-0.56-0.851.0-0.88-0.78-0.77-0.57
-0.480.89-0.83-0.88-0.78-0.8-0.690.46-0.76-0.30.710.55-0.590.610.90.8-0.57
Click cells to compare fundamentals

About United Parks Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include United Parks income statement, its balance sheet, and the statement of cash flows. United Parks investors use historical funamental indicators, such as United Parks's Total Assets, to determine how well the company is positioned to perform in the future. Although United Parks investors may use each financial statement separately, they are all related. The changes in United Parks's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United Parks's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on United Parks Financial Statements. Understanding these patterns can help to make the right decision on long term investment in United Parks. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total AssetsB2.7 B
Intangibles To Total Assets 0.09  0.1 

Pair Trading with United Parks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Parks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Parks will appreciate offsetting losses from the drop in the long position's value.

Moving against United Stock

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The ability to find closely correlated positions to United Parks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Parks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Parks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Parks Resorts to buy it.
The correlation of United Parks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Parks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Parks Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United Parks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether United Parks Resorts is a strong investment it is important to analyze United Parks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Parks' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out the analysis of United Parks Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is United Parks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Parks. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Parks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
27.057
Quarterly Revenue Growth
0.014
The market value of United Parks Resorts is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Parks' value that differs from its market value or its book value, called intrinsic value, which is United Parks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Parks' market value can be influenced by many factors that don't directly affect United Parks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Parks' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Parks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Parks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.